Study On Environmental Cost Management Of Baowu Steel Group Under Low Carbon Economy

In recent years,China’s economic development has been very rapid and the people’s living standards have been continuously improved.However,the ecological environment has been severely damaged in this process,which has had a serious impact on human physical and mental health and sustained economic development.In the late 1970 s,China proposed the strategy of reform and opening up.China’s continuous and in-depth reforms in the economic field have accelerated the pace of economic development and promoted the accumulation of social wealth.After more than 30 years of development,China has become the world’s second largest economy.Significantly improved China’s overall national strength.However,we should also realize that in the process of rapid economic development,the ecological environment has been seriously damaged.The previous extensive management and development model has been unable to adapt to the current development.The rapid development of China’s economy has consumed too much environmental resources.Therefore,China needs to increase the development of low-carbon economy urgently.The state has introduced a series of laws and regulations to control pollution and improve the ecology.The low-carbon economy is beginning to be known to the public in the new development situation.In recent years,various countries have been actively promoting the concept of low carbon and striving to develop a low carbon economy.Enterprises should raise awareness of the harm caused by environmental pollution,strengthen the study of the concept of low-carbon economic development,and promote the continuous reduction of production costs of enterprises,thus promoting the competitiveness of enterprises.Steel companies must implement the use of emerging technologies and equipment by transforming traditional production methods,which not only reduces pollution emissions,but also reduces costs to a certain extent.In fact,in recent years,China has begun to use the low-carbon economy as an important means to achieve comprehensive and sustainable social development.In order to develop a low-carbon economy effectively,enterprises must start from a long-term development perspective and promote the improvement of economic production efficiency by strengthening environmental cost control.Taking Baowu Steel Group as an example,this paper studies the environmental cost management of Baowu Steel in the background of low carbon economy.From the perspective of low-carbon economy,the analysis of Baowu Steel Group’s environmental cost management makes the full text have important theoretical and practical significance.This paper is divided into six parts.The first part is the introduction.The main contents includethe research background,research significance and research content.The second part is the theoretical concept part,which summarizes the theoretical knowledge of low carbon economy,environmental cost and environmental cost management respectively,describes the meaning and characteristics of relevant theories,summarizes the contents and methods of environmental cost management,and further discusses The relevant meaning between the two theories.The third part is the introduction of the company background,including the relevant situation of Baowu Steel and the current status of its environmental cost management.The fourth part is mainly about the issue,including some problems existing in the Baowu Steel Group’s current environmental cost management,and the reasons for the problems.The fifth part draws some inspirations based on the problems described in the fourth part,and proposes corresponding improvement measures,including clear environmental cost classification,improve environmental cost accounting system,strengthen environmental cost control,and establish low carbon culture and environmental indicator evaluation system.The last part is the conclusion,summarizing the full text,and expounding the shortcomings and prospects of this paper.The research in this paper is not only beneficial to Baowu Steel Group to pay attention to its own environmental pollution problems,but also to promote enterprises to reduce environmental costs,strengthen social responsibility awareness,actively use the improved environmental cost management system in practical work,and strive to enhance corporate competitiveness.In addition,for the theory of low-carbon economy and environmental cost management,relevant research in China and Western countries is not deep enough.Therefore,the research of this paper is of great significance for the exploration of the theory of environmental cost management in China.